The chip sector saw a brief recovery last week after a large sell-off, with Nvidia (NVDA) once again leading the charge. Looking forward, chip shares look to regain momentum after August volatility, but can they capture their previous heights? KeyBanc Capital Markets Equity Research Analyst John Vinh joins Morning Brief to give insight into the … Read more
Intel (INTC) shares plunging nearly 30% after the enterprise announced a significant cost reduction plan and reported weaker than expected earnings. The enterprise was already the smallest component of the Dow Jones Industrial Index (^DJI), which is weighted by price. And Friday’s move in the stock is raising the question whether the enterprise could get … Read more
Kaltbaum Capital Management President Gary Kaltbaum explains why the ‘narrow’ stock industry is worrisome on ‘Making Money.’ #foxbusiness #makingmoney Subscribe to Fox enterprise! https://bit.ly/2D9Cdse Watch more Fox enterprise Video: https://video.foxbusiness.com Watch Fox enterprise Network Live: http://www.foxnewsgo.com/ FOX enterprise Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main … Read more
Shares of Super Micro Computer (SMCI) fell sharply Friday after the firm opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins sector Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is … Read more